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A Termite-Riddled House: Treasury Bonds
Gonzalo Lira
When termites eat your house, you don’t notice a thing.
You don’t hear a thing, you don’t see a thing—you’re house stands
there, silent and staid, while you and your family happily go about
your days, without a care in the world— —until your
house crashes on top of your head. Right now,
we are at a stage where Treasury bonds are as weakened as a
termite-riddled house. They look fine: Nice glossy coat of paint,
pretty shingles, bright clear windows, sturdy-looking plankings on the
open-aired porch. But
Treasuries are well on their way to a complete collapse. Why? Because
of the way they have been mishandled and mistreated by the Federal
Reserve Board, and the U.S. Treasury. Whether by incompetence or by
design, U.S. Treasury bonds have become the New & Improved Toxic
Asset. The question is no longer if they will collapse—it’s when.
Let me explain why.
One of my favorite financial planners recommends I
move all my 401k to cash (safest money market or fixed income fund), Dow
could be under 6500 by years end. If that doesn't hold, look out. Move
back to equities at bottom to avoid dollar devaluation or currency
collapse
.
"There is some bad shit coming" - editor
6-27-2010
Silver The Average Americans Inflation/Hyperinflation
Hedge!
Although the video is 6 months old, it could
be the most important video the average America could watch.
Robert Kiyosaki, the writer of rich dad poor dad, explains what
the average American needs to know before it is too late. - Start to
Save some silver, save some gold if possible, eventually the U.S. Dollar
(fiat currency) will collapse. There may be deflation in the beginning,
but, when our currency turns to confetti, there will be hyperinflation.
P.S. Physical Silver and Gold assets are a must, "one could trade with
the paper crap" but, hold physical metal assets or allocated only. Gold
could possibly go to 1800+ and silver to 25+ by the end of the
year 2010, this will signal the beginning of what is to come. Silver has
the potential to skyrocket afterwards. "When all hell breaks loose, Gods
money (gold & silver) tends to make a comeback." - Gary 6-27-2010
New Home Sales Suffer Collapse!
According to the government and the Sycophant
media we are in a recovery. Hmm! Unemployment is up, house sales are
down, 40 million people are on food stamps and the stock market is were
it was 10 years ago. The new home market is dead, this is the worst on
record.
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